SPINA, J.
The Reservoir Estates Realty Trust was a realty trust established to acquire, develop, and sell a residential subdivision in Framingham. Four years after all of the trust's real estate assets were sold, Rosario L. Lattuca, a cotrustee, and his wife, Grace Lattuca, a beneficiary, filed suit, individually and on behalf of the trust, against Einar Robsham,
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